Social Security Limit 2024 Salary Increase Chart. A social security cost of living increase offers retirees options such as managing costs, saving or enjoying small splurges. The maximum monthly social security benefit for retired workers at age 70 in 2024 is $4,873.

Find out when you are considered retired and when you are not, and how it. 1, rising from $4,555 per month to $4,873 per month.